Join Fund Library now and get free access to personalized features to help you manage your investments.

Fidelity Canadian High Dividend ETF Fund Series B

Canadian Div & Inc Equity

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeB Click for more information on Fundata’s ESG Grade

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

NAVPS
(07-11-2024)
$11.02
Change
$0.13 (1.16%)

As at June 30, 2024

As at March 31, 2024

As at February 29, 2024

Period
Loading...

Legend

Fidelity Canadian High Dividend ETF Fund Series B

Compare Options


Fund Returns

Inception Return (September 18, 2018): 4.02%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -1.96% -1.26% 3.42% 3.42% 5.33% 1.21% 1.64% 10.20% 3.72% - - - - -
Benchmark -1.42% -0.53% 6.05% 6.05% 12.13% 11.27% 5.98% 12.35% 9.28% 8.36% 8.65% 8.95% 7.89% 6.95%
Category Average -1.45% 3.91% 3.91% 3.91% 7.71% 6.35% 4.99% 11.36% 7.08% 6.64% 6.42% 6.94% 6.36% 5.53%
Category Rank 353 / 467 254 / 467 333 / 459 333 / 459 402 / 454 425 / 445 400 / 417 345 / 402 391 / 398 - - - - -
Quartile Ranking 4 3 3 3 4 4 4 4 4 - - - - -

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 2.47% -1.83% -4.21% -3.85% 5.83% 3.89% -0.22% 1.36% 3.57% -1.48% 2.22% -1.96%
Benchmark 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77% -1.42%

Best Monthly Return Since Inception

14.47% (November 2020)

Worst Monthly Return Since Inception

-22.10% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - 19.08% -10.14% 28.46% -5.24% 2.03%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 8.23% -6.21% 17.48% 7.25% -7.75% 18.42% -1.18% 26.41% -3.72% 7.17%
Quartile Ranking - - - - - 2 4 2 3 4
Category Rank - - - - - 178/ 387 398/ 402 152/ 414 325/ 437 445/ 448

Best Calendar Return (Last 10 years)

28.46% (2021)

Worst Calendar Return (Last 10 years)

-10.14% (2020)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 91.17
Income Trust Units 8.60
Cash and Equivalents 0.24
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Energy 26.53
Financial Services 25.37
Utilities 10.04
Real Estate 8.15
Telecommunications 7.64
Other 22.27

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.01
Other -0.01

Top Holdings

Top Holdings
Name Percent
Royal Bank of Canada -
Canadian Natural Resources Ltd -
Enbridge Inc -
Toronto-Dominion Bank -
Sienna Senior Living Inc -
Fortis Inc -
Chartwell Retirement Residences - Units -
Suncor Energy Inc -
Emera Inc -
Algonquin Power & Utilities Corp -

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Fidelity Canadian High Dividend ETF Fund Series B

Median

Other - Canadian Div & Inc Equity

3 Yr Annualized

Standard Deviation 12.90% 17.40% -
Beta 0.92% 1.06% -
Alpha -0.04% -0.06% -
Rsquared 0.90% 0.90% -
Sharpe -0.04% 0.18% -
Sortino -0.06% 0.17% -
Treynor -0.01% 0.03% -
Tax Efficiency 36.78% - -
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10 -

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 11.15% 12.90% 17.40% -
Beta 0.95% 0.92% 1.06% -
Alpha -0.06% -0.04% -0.06% -
Rsquared 0.98% 0.90% 0.90% -
Sharpe 0.08% -0.04% 0.18% -
Sortino 0.40% -0.06% 0.17% -
Treynor 0.01% -0.01% 0.03% -
Tax Efficiency 75.13% 36.78% - -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date September 18, 2018
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $33

Fund Codes

FundServ Code Load Code Sales Status
FID4086

Investment Objectives

The Fund seeks a similar return to its underlying fund, which is also managed by Fidelity, by investing substantially all of its assets in securities of that underlying fund. The underlying fund seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada Canadian High Dividend Index. The underlying fund invests primarily in dividend-paying equity securities of Canadian companies.

Investment Strategy

The strategies described below relate to the Fund and the underlying fund, Fidelity Canadian High Dividend Index ETF. To meet the Fund’s objectives, the portfolio management team of the underlying fund: Normally invests its assets in the securities that make up the Fidelity Canada Canadian High Dividend Index (the “Index”).

Portfolio Manager(s)

Name Start Date
Fidelity Investments Canada ULC 09-18-2018
Geode Capital Management, LLC 02-06-2023

Management and Organization

Fund Manager Fidelity Investments Canada ULC
Advisor Fidelity Investments Canada ULC
Custodian State Street Trust Company Canada
Registrar Fidelity Investments Canada ULC
Distributor -
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 1.66%
Management Fee 1.35%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Join Fund Library now and get free access to personalized features to help you manage your investments.